The City With the Greatest Homeownership Increase Is … – NMP
Industry News

The City With the Greatest Homeownership Increase Is …

Nov 27, 2017
A new data report from Realtor.com analyzed U.S. Census Bureau statistics covers the nation’s 75 largest metro areas to compare the homeownership rates in the first three-quarters of 2014 to the first three-quarters of 2017

A new data report from Realtor.com analyzed U.S. Census Bureau statistics covers the nation’s 75 largest metro areas to compare the homeownership rates in the first three-quarters of 2014 to the first three-quarters of 2017. The result: Milwaukee now holds the title as the city with the greatest increase in homeownership.
 
Realtor.com found Milwaukee’s homeownership rate is 68.77 percent, up 11 percent from three years ago. The city’s median home price is $224,950, and Milwaukee was praised for its surplus of new residential construction. Bret Mayborne, Director of Economic Research at the Metropolitan Milwaukee Association of Commerce, acknowledged that the city did not have “much of any image nationally” for years, but quickly added, “That's changing.”
 
Rounding out the top five cities with significant homeownership increases were Charlotte, N.C., whose 62.8 percent rate is up 10.5 percent from three years ago; Memphis, whose 61 percent rate is 9.3 percent above its 2014 level; Baltimore, with a 68.4 percent rate that is 7.3 percent above the 2014 level; and Allentown, Pa., with a 74.8 percent rate that is up 7.3 percent from three years ago. 
 
About the author
Phil Hall
Link copied
Published
Nov 27, 2017
Get the NMP Daily
Opinion
Is United Wholesale’s Tale Indicative Of The Wholesale Market?

Questions over UWM’s capital structure, MSR valuations, and pricing strategy could carry consequences across the wholesale channel

The most recent UWM earnings report for the second quarter of 2026 garnered a lot of attention in the industry and has been sliced and diced in numerous ways. Proponents of UWM were quick to point out that the wholesaler has been a friend of brokers, and provided numerous bu...

Continue reading
Analysis and Data
Nearly Half Of Americans Would Consider A 3D-Printed Home

Consumer interest is growing, but concerns about durability, appraisals, code compliance, and resale value could complicate financing

Nearly half of Americans would consider buying a 3D-printed home if it met their location and budget needs, but concerns affecting the property’s value and marketability could create additional hurdles for lenders and loan originators.A new LendingTree survey found that 49% ...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Industry News
Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Industry News
Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Industry News
Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Industry News
Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Industry News
Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Industry News
Jul 15, 2026